+111pts here blown through the 100 barrier, feel myself starting to get gambly, must walk away before I give it all back Todays Trades, profit chart attached, shakey start, tweaked method boom, only 2 losers in the last 23 trades smokey!! Can I repeat tomorrow ?? find out I guess!!
Screen shot of method, arrows indicator entry areas ( not where I entered ) Basically, 10sma's direction ( 0.02 Width for wibble room ), then it's just playing the 5's direction / ranges with that, averaging in with a SL tracking ( Auto ) outside of the range. Also trading off clusters, markets not put in a new bottom for a few mins, above the lower envelope which is going flat to get reversals. Patience to wait for near outter range then for it to show strength before jumping in, not after best price is key, always a better price when you do that.
Staying 1/10th size for a while, despite account nearly double, make sure head still switched on and trading smart, then double up, master that then double again next week. first trade was a loser ofcourse -12pts in 90seconds LOL 3am still buzzing, shame not full size be having a party, but most pts taken in a day I think ever, progress!!
Methods working, but hard to reengage at the moment, concept proven ( 96% at this stage ) Just got to get it to a Repeat Repeat Repeat kinda automated manually state and job done.
Markets too strong and too crazy, DAX just nearly moved 100pts in 4mins, great right side but terminal wrong side. Waiting for calm!!
Crazy Crazy day, stronger and crazier than yesterday, beyond what system can handle NQ wise for most of the day, erratic SL hitting spikes, 100pt moves, DAX better but not much. risked 1 trade for +18pts in 5mins and called it a day. Spotted others, but busy day, need peace to sit and focus on the job.
Impeachment and Economic news randomly coming out like crazy I see, surviving a 50pts against me SL slip is the next worry, 50/50 on it going my way but if maxed out then sooner or later ouch!! Next issue, always a next issue!!
Slow day method not ideal. The Envelope 10sma 0.04 and 0.08 better direction and range. Then back to 5sma and Envelope 5 0.04. 2 methods = auto sl doomed unless, fund 2nd mt4 account from the spare cash, 1 account has 5 rules, other 10 rules. Or just trade of PC and set to fixed 10 and move myself.
Uncluttering and standardiding. 5sma Envelope 5sma 0.05 10sma Envelope 10sma 0.06 Sl well outside the 10s range more worst case. Perfect, simple, clean!
Slow Day, summer doldrums + Monday = too slow to daytrade. +30pts on the day, still $1 as heavily distracted.